Jarden company has credit sales of $2,800,000 for year 2018. on december 31, 2018, the company’s allowance for doubtful accounts has an unadjusted credit balance of $19,474. jarden prepares a schedule of its december 31, 2018, accounts receivable by age. on the basis of past experience, it estimates the percent of receivables in each age category that will become uncollectible. this information is summarized here. december 31, 2018 accounts receivable age of accounts receivable expected percent uncollectible
$560,000 not yet due 0.85%
224,000 1 to 30 days past due 1.60
44,800 31 to 60 days past due 6.10
22,400 61 to 90 days past due 30.75
4,480 over 90 days past due 64.00
1. estimate the required balance of the allowance for doubtful accounts at december 31, 2018, using the aging of accounts receivable method.

Diggity dank corporation uses an activity-based costing system with two activity cost pools. diggity dank uses direct labor hours as the measure of activity in the first activity cost pool and the number of orders in the second activity cost pool. the following information relates to these two activity cost pools for last year: what was diggity dank's under- or overapplied overhead for last year? a. $17,000 overapplied b. $20,000 underapplied c. $27,000 underapplied d. $73,000 overapplied

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?